Luncheon - Guest Speaker Michelle DeCecco

Lithium Chile, a trailblazing Canadian corporation, commands an impressive 140,000 hectares of lithium-rich brine properties across South America.

 

The company has just unveiled a groundbreaking prefeasibility study on its Arizaro property in Argentina, showcasing a remarkable pre-tax NPV of US $3.8 billion.

 

As Lithium Chile stands on the brink of a pivotal acquisition or strategic partnership, it faces a challenging landscape shaped by the recent restrictions imposed by the Investment Canada Act (ICA).

 

Despite Lithium Chiles assets being entirely foreign, the ICA has imposed restrictions on foreign investment into Canadian corporations aimed at ‘Protecting Canadian Critical Minerals’. With global commitments to zero emissions and electric vehicle sales surging month by month, one must wonder: Are these restrictions a necessary safeguard for Canada’s lithium future, or an overreach that could stifle progress for Canadian mining companies in the global race for lithium?